BLOM Bank’s Board of Directors (BoD) convened on June 19th 2020 and decided to hold an ordinary general assembly meeting on Wednesday July 15th 2020 at 11.00 am and an extraordinary general assembly ... read more
BLOM Bank’s extraordinary General Assembly held on January 14th approved the terms of raising the bank’s Common Equity Tier I by $261.94M through cash contributions (in USD), which is equivalent to 10% of ... read more
BLOM Bank’s Board of Directors convened on Friday December 13th 2019 and decided to hold an extraordinary general assembly meeting on Tuesday January 14th 2020 at 12.00pm at the bank’s headquarters in ... read more
Current Environment The current economic slowdown is taking its toll on the performance of Alpha Banks which was published by Bankdata for H1 2019. The balance sheet of the 16 Alpha Banks with deposits ... read more
The Alpha Group’s (Top Lebanese Banks with more than $2B in deposits) total assets registered an increase in 2018, in large part due to higher domestic assets. According to Bank Data, the Alpha Group’s ... read more
The BLOM Stock Index (BSI) fell by 1.12% to reach 946.78 points over the last week. The market capitalization decreased from $9.33B last week to $9.23B to this week. On average 103,404 shares worth $ ... read more
BLOM Bank published today its unaudited financial results for the first nine months of 2018. In a difficult environment characterized by a slowing economy and continuing political paralysis, BLOM Bank ... read more
BLOM Bank published today its unaudited financial results for the first half of 2018. In a difficult environment characterized by a slowing economy, higher taxes on banks, and continuing regional ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) registered 46.4 in May 2018 compared to 46.2 in April 2018. The activity at Lebanese Private Sector businesses remained subdued in May with surveyed ... read more
The BLOM Stock Index (BSI) lost 0.19% over the past week to reach 1,137.53 as most banking stocks declined due to distribution of dividends. The market capitalization also fell from last week’s $11.23 ... read more
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